Yes, it has many extra features, but like anything you don't use every day, you need to read the instructions to use it. As for wasting tape. Yes I see it. But if you set the margins smaller and instead of printing one label at a time, just print them all at once, the only ribbon lost will be at the beginning. NO BIG OFFER. Speaking of battery consumption. Doesn't matter. It has a 7-9 volume port for wall plugs. For $15 you can buy a wall charger and plug it into the mains. If you need it outside the home, use batteries. This is my second P Touch. The first was a direct computer that didn't work at all. I'm perfectly happy with it and recommend it to the average user who just wants to keep files in a filing cabinet or just in a shed or garage.
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